An additional signal supporting Gold's price growth for the week March 24–28, 2025 is a rebound from the trend line on the RSI. Another confirmation comes from a bounce off the lower boundary of the bullish channel.
A bullish scenario will be invalidated if XAU/USD drops below 2875, signaling a breakdown of the bullish channel and a potential decline toward 2725. However, if the price breaks through resistance and closes above 3045, it will confirm an upward movement.
Initially, a bearish correction may test support near 2935, followed by a continuation of the uptrend targeting 3145. A successful test of the trend line on the RSI will further support the price increase. Conversely, a break below 2875 will indicate a deeper decline toward 2725.